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Become A Corporate Vice President

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Working As A Corporate Vice President

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Getting Information
  • Communicating with Persons Outside Organization
  • Guiding, Directing, and Motivating Subordinates
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Make Decisions

  • $152,700

    Average Salary

What Does A Corporate Vice President Do

Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.

Duties

Top executives typically do the following:

  • Establish and carry out departmental or organizational goals, policies, and procedures
  • Direct and oversee an organization’s financial and budgetary activities
  • Manage general activities related to making products and providing services
  • Consult with other executives, staff, and board members about general operations
  • Negotiate or approve contracts and agreements
  • Appoint department heads and managers
  • Analyze financial statements, sales reports, and other performance indicators
  • Identify places to cut costs and to improve performance, policies, and programs

The responsibilities of top executives largely depend on an organization’s size. For example, an owner or manager of a small organization, such as an independent retail store, often is responsible for purchasing, hiring, training, quality control, and day-to-day supervisory duties. In large organizations, however, top executives typically focus more on formulating policies and strategic planning, while general and operations managers direct day-to-day operations.

The following are examples of types of top executives working in the private sector:

Chief executive officers (CEOs), who are also known by titles such as executive director, managing director, or president, provide overall direction for companies and organizations. CEOs manage company operations, formulate and implement policies, and ensure goals are met. They collaborate with and direct the work of other top executives and typically report to a board of directors.

Chief operating officers (COOs) oversee other executives who direct the activities of various departments, such as human resources and sales. They also carry out the organization’s guidelines on a day-to-day basis.

General and operations managers oversee operations that are too diverse and general to be classified into one area of management or administration. Responsibilities may include formulating policies, managing daily operations, and planning the use of materials and human resources. They make staff schedules, assign work, and ensure that projects are completed. In some organizations, the tasks of chief executive officers may overlap with those of general and operations managers.

The following are examples of types of top executives working in the public sector:

Mayors, along with governors, city managers, and county administrators, are chief executive officers of governments. They typically oversee budgets, programs, and the use of resources. Mayors and governors must be elected to office, whereas managers and administrators are typically appointed. 

Most educational systems, regardless of whether they are public or private school systems, also employ executive officers. The following are examples of top executives working in the elementary, secondary, and postsecondary educational school systems:

School superintendents and college or university presidents are chief executive officers of school districts and postsecondary schools. They manage issues such as student achievement, budgets and resources, general operations, and relations with government agencies and other stakeholders.

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How To Become A Corporate Vice President

Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and a considerable amount of work experience. 

Education

Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a master’s degree in business administration (MBA).

College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred.

Although many mayors, governors, or other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements.

Work Experience in a Related Occupation

Many top executives advance within their own firm, moving up from lower level managerial or supervisory positions. However, other companies may prefer to hire qualified candidates from outside their organization. Top executives who are promoted from lower level positions may be able to substitute experience for education to move up in the company. For example, in industries such as retail trade or transportation, workers without a college degree may work their way up to higher levels within the company to become executives or general managers.

Chief executives typically need extensive managerial experience. Executives are also expected to have experience in the organization’s area of specialty. Most general and operations managers hired from outside an organization need lower level supervisory or management experience in a related field.

Some general managers advance to higher level managerial or executive positions. Company training programs, executive development programs, and certification can often benefit managers or executives hoping to advance.

Important Qualities

Communication skills. Top executives must be able to communicate clearly and persuasively. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization.

Decisionmaking skills. Top executives need decisionmaking skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily.

Leadership skills. Top executives must be able to lead an organization successfully by coordinating policies, people, and resources.

Management skills. Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets.

Problem-solving skills. Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions.

Time-management skills. Top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals.

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Corporate Vice President jobs

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Average Length of Employment
Division President 4.6 years
Vice President 4.3 years
Corporate Director 4.0 years
President 3.9 years
Corporate Manager 3.8 years
Director 3.7 years
Division Director 3.5 years
Associate Director 3.5 years
Top Employers Before
Director 8.2%
Manager 4.3%
President 4.2%
Top Employers After
President 9.8%
Consultant 5.2%
Principal 4.4%
Director 3.0%

Corporate Vice President Demographics

Gender

Male

66.5%

Female

30.8%

Unknown

2.7%
Ethnicity

White

80.2%

Hispanic or Latino

8.8%

Asian

8.4%

Unknown

2.0%

Black or African American

0.6%
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Languages Spoken

Spanish

33.3%

French

23.3%

Russian

6.7%

Arabic

6.7%

Italian

6.7%

Portuguese

3.3%

Chinese

3.3%

Greek

3.3%

German

3.3%

Mandarin

3.3%

Hebrew

3.3%

Korean

3.3%
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Corporate Vice President Education

Schools

New York University

8.9%

University of Phoenix

7.9%

University of Southern California

7.9%

University of Pennsylvania

5.9%

DePaul University

5.9%

San Jose State University

5.0%

Pennsylvania State University

5.0%

State University of New York Stony Brook

5.0%

Pace University - New York

5.0%

Stanford University

4.0%

Saint John's University - New York

4.0%

Temple University

4.0%

University of Miami

4.0%

Oklahoma State University

4.0%

George Washington University

4.0%

Michigan State University

4.0%

Northeastern University

4.0%

University of Dayton

4.0%

New Jersey Institute of Technology

4.0%

Fairleigh Dickinson University

4.0%
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Majors

Business

34.3%

Finance

9.6%

Management

8.2%

Accounting

7.8%

Law

7.6%

Marketing

3.9%

Human Resources Management

3.7%

Computer Science

2.5%

Economics

2.3%

Psychology

2.3%

Political Science

2.3%

Electrical Engineering

2.1%

Education

2.1%

Communication

1.8%

Real Estate

1.8%

Mechanical Engineering

1.8%

Nursing

1.6%

Public Administration

1.6%

Industrial Engineering

1.4%

Criminal Justice

1.4%
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Degrees

Bachelors

35.5%

Masters

32.1%

Other

16.1%

Doctorate

8.2%

Associate

3.9%

Certificate

3.4%

License

0.5%

Diploma

0.3%
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Part Time
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Temporary

Real Corporate Vice President Salaries

Job Title Company Location Start Date Salary
Corporate Vice President, Head US Commerical-I&I Celgene Corporation Warren, NJ Apr 01, 2013 $430,000
Vice President and Corporate Controller Weatherford International LLC Houston, TX Feb 17, 2015 $420,000 -
$425,000
Vice President, Corporate Planning Charter Communications, Inc. Stamford, CT Jan 01, 2016 $274,185
Vice President, Corporate Planning Charter Communications, Inc. Stamford, CT Jan 13, 2016 $264,913
Vice President, Corporate Compliance Twentieth Century Fox Film Corporation Los Angeles, CA Mar 02, 2016 $255,000
VP, Corporate Controller Marketo, Inc. San Mateo, CA Jan 08, 2016 $250,000
VP, Corporate and Investment Banking Jpmorgan Chase & Co. New York, NY Sep 21, 2016 $250,000
Vice President, Corporate Compliance Twentieth Century Fox Film Corporation Los Angeles, CA Feb 03, 2014 $245,000
Corporate Vice President, Head US Commercial-I&I Celgene Corporation Warren, NJ Sep 10, 2013 $240,000
Vice President, Corporate Strategic Planning Abbvie Inc. North Chicago, IL Oct 01, 2015 $228,197
Corporate Vice President and Actuary New York Life Insurance Company New York, NY Jul 09, 2016 $225,000
Vice President, Corporate Controller Marketo, Inc. San Mateo, CA Jan 08, 2016 $225,000
Corporate Vice President, Human Resources Advanced Micro Devices, Inc. Austin, TX Jan 16, 2013 $220,000 -
$357,500
Vice President, Corporate Banking (Cme&T) Royal Bank of Canada New York, NY Jul 13, 2015 $218,774
Vice President, Corporate Banking Citicorp North America Inc. New York, NY May 19, 2015 $180,294
VP, Corporate Controller Siemens Industry, Inc. Alpharetta, GA Sep 24, 2013 $176,000
VP, Corporate Banking Citicorp North America Inc. Houston, TX Oct 09, 2014 $175,000
Vice President, Corporate Banking Royal Bank of Canada New York, NY Feb 25, 2016 $175,000
VP, Investment & Corporate Banking, Energy Sector BMO Capital Markets Corp Houston, TX Aug 31, 2015 $173,805
Vice President, Latin American Corporate Credit Trading Deutsche Bank Securities, Inc. New York, NY Mar 22, 2016 $170,000
Corporate Vice President, Internal Consulting New York Life Insurance Company New York, NY Mar 10, 2016 $170,000
Corporate Vice President, Domestic Foundry and STE Allied Mineral Products, Inc. Columbus, OH Sep 15, 2013 $150,363 -
$200,138
Vice President-Corporate Banker Merrill Lynch Chicago, IL Feb 01, 2013 $150,000 -
$170,000
Corporate Vice President New York Life Insurance Company Dallas, TX Jan 08, 2016 $150,000
Vice President, Corporate Initiatives Med Advantage LLC Bloomfield, NJ Apr 15, 2013 $150,000
Vice President, Corporate Counsel GFK Custom Research, LLC New York, NY Sep 09, 2013 $150,000
Vice President, Corporate Real Estate Nbcuniversal Media, LLC New York, NY Sep 15, 2012 $150,000 -
$225,000
Vice President, Corporate Banking Royal Bank of Canada New York, NY Feb 25, 2015 $150,000

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Top Skills for A Corporate Vice President

FinancialResultsSalesStrategiesHumanResourcesEnsureComplianceGrowthProceduresProductsBusinessUnitsOversightRegulatoryComplianceSafetyPolicyBusinessDevelopmentDueDiligenceAuditCustomerServiceHealthcarePRiskManagementProjectManagement

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Top Corporate Vice President Skills

  1. Financial Results
  2. Sales Strategies
  3. Human Resources
You can check out examples of real life uses of top skills on resumes here:
  • Present financial results and noteworthy highlights to the board of directors and senior management of two holding companies and its subsidiaries.
  • Define quota development for sales team and promote execution of sales strategies aligned with industry and practice offerings/assets.
  • Reported to Senior Vice President-Human Resources.
  • Work with DOT and trucking dept to ensure compliance with all maintenance and legal requirements.
  • Monitored sales, customer objectives, shopper/consumer insights, category trends and competitive activity to drive strategy and identify growth opportunities.

Top Corporate Vice President Employers

Corporate Vice President Videos

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Joe Biden answers What does a Vice President do?""

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